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Showing 21 - 30 of 100+ results for "ACCC"

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... Super Finder", through which consumers could request a search for lost super. ASIC, in collaboration with the ATO and the ACCC, previously undertook a review that identified financial advisers, trustees, fund promoters and unlicensed providers were running ...

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... becomes increasingly concerned about lack of competition in financial services. Australian Competition and Consumer Commission (ACCC) chair Rod Sims said merger reforms will be a key focus for the consumer watchdog this year, flagging concerns over the ...

Aon, WTW merger will reduce competition: ACCC

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
The ACCC has flagged concerns over Aon's proposed merger with Willis Towers Watson (WTW), throwing a spanner in the works for the two companies. The ACCC said Aon and WTW are two of the three largest providers of commercial risk, reinsurance and employee ...

Investment scams most profitable

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
... around 20% in November, with investment scams taking the most money from consumers at around $9.5 million, according to the ACCC. In November, money lost to all types of scams rose to $18.7 million, up 20.2% from the $15.6 million reported in October ...

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
The Australian Competition and Consumer Commission (ACCC) has given its blessing for IOOF to acquire MLC Wealth as the combined firm will face competition in all aspects of wealth management. The consumer watchdog said it does not oppose IOOF's $1.4 ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... details about that legal advice this afternoon when it fronts the committee. Professor Graeme Samuel, formerly chair of the ACCC, was questioned by the committee following the ANAO. He addressed whether the remuneration issues were a cultural or structural ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... participants," ASIC commissioner Cathie Armour said. ASIC and the RBA, as well as the broader Council of Financial Regulators and the ACCC, were closely supervising the ASX's conduct during the replacement program. "The regulatory expectations seek to ...

ACCC amends consumer data right rules

ALLY SELBY  |  FRIDAY, 2 OCT 2020
The Australian Competition and Consumer Commission (ACCC) amended the consumer data right rules to allow intermediaries to collect data on behalf of third party recipients. The changes will allow accredited businesses to obtain consumer data with their ...

APRA, ACCC sign new MoU

ALLY SELBY  |  TUESDAY, 15 SEP 2020
... considerations, including competition," he said. "Updating this MoU reflects the importance of our relationship with the ACCC, and acknowledges the importance of competition in maintaining a healthy and efficient financial system." ACCC chair Rod Sims ...

ASIC warns Indigenous Australians over scams

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
... consumers giving out personal details over the phone and email. There were 2767 scam reports from Indigenous consumers to the ACCC's Scamwatch in 2019, a 14% increase from 2018. Despite the increase in reporting scams, there was a 30% decrease in losses ...

Editor's Choice

50% of advisers now offering ESG advice

CHLOE WALKER
Almost half of all financial advisers are now providing ESG investment advice, according to a new report.

Super trustees face rough seas ahead: Byres

ANDREW MCKEAN
In a speech at the Trans-Tasman Business Circle 'Meet the regulators' event, APRA chair Wayne Byres said to expect the performance of super trustees to continue to be the subject of intense scrutiny.

Apollo secures Hostplus mandate

ANDREW MCKEAN
Apollo Global Management has entered a strategic partnership with Hostplus to launch an Asia Pacific credit strategy.

ABE releases Rolls Royce bond

CHLOE WALKER
It's one of the most luxurious automotive brands in the world and it now has its own bond linked security from the Australian Bond Exchange.

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Jane Kang

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PRIME SUPER
A determined spirit has underscored all that Jane Kang has achieved so far, and that spirit is lending itself well to Prime Super, its members and its investments. Andrew McKean writes.
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